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Financial Reports

accountingIn 1936 the Washington State Legislature passed legislation authorizing formation of public utility districts. The debate then centered on local issues of public versus private power until 1939 when the voters approved forming their own public utility district. That action put in motion engineering studies, financing proposals, negotiations, and legal challenges with the existing power company, the Washington Water Power Company (WWP). This process consumed six years until May 11, 1945 when the Okanogan County PUD paid Washington Water Power $2,314,240.33 for the entire system in Okanogan County, including Enloe Dam and a transmission line from Chelan and began operating its own electric system.

In the past 40 years we have provided county residences and businesses with a low-cost, reliable source of electrical energy. Residential rates in 1946 were 1.6 cents per kWh (kilowatt-hour). That cost steadily decreased to a low of 0.94 cents per kWh in 1975. Today’s rates are still some of the lowest in the Northwest, the nation, and the world. You can view  electric rates for various countries here.

Annual Audits

Year Type File
2020 Financial   View
2019 Accountability   View
2019 Financial   View
2018 Financial   View
2018 Accountability   View
2017 Accountability   View
2017 Financial   View
2016 Financial   View

Annual Budgets

Equity Management and Rate Study